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Coach parent Tapestry pulls $8.5 billion bid for Capri after FTC roadblock
(Reuters) -Tapestry is terminating its $8.5 billion deal to buy Michael Kors-owner Capri following a legal hurdle, the ...
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Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
The companies agreed to a $8.5 billion deal in August 2023 that would have united Capri, the maker of Versace, Jimmy Choo and ...
Southern Living saves your holiday: List of over 30 early Black Friday deals on Amazon
Amazon is already offering Black Friday deals, and Southern Living has saved the day with a list of over 30 early deals ...
Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands ...
Burberry CEO vows revival following 20% drop in sales
Shares of Burberry rose as much as 15% in early trading in London, after Joshua Schulman said he would undo the missteps of ...
Stock market today: Wall Street edges lower as its momentum slows some more
U.S. stocks are edging lower Thursday as the market’s big burst following Donald Trump’s election continues to cool . The S&P 500 was down 0.3% in afternoon ...
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What’s Behind Tapestry’s (TPR) Explosive Stock Rally? Here’s What You Need to Know
In addition to the repurchase program, Tapestry has reaffirmed its commitment to maintaining a strong dividend payout of $1.40 per share in fiscal year 2025. The company’s management is confident that ...